Authorities in Singapore have awarded 190 Major Payment licenses, and 11 of these have gone to Digital Payment Token companies.
Central Banks Propose CBDC, Stablecoin Standards With Amazon, Grab Running Trials
The Monetary Authority of Singapore (MAS), in collaboration with the IMF and other central banks, is proposing common conditions for retail payments with digital money on a distributed ledger.
Singapore Working With Banks to Provide Guidance on Crypto Businesses: Bloomberg
Singapore’s central bank and police authorities have been helping banks to set uniform standards for fine-tuning their vetting approach when opening crypto accounts.
Binance’s Custody Arm Ceffu Will Apply For Singapore License: Report
Binance rebranded its custody arm to Ceffu earlier this month.
Singapore’s lobbyists oppose proposed blanket ban on lending crypto tokens
The feedback was given in response to a proposed ban by the Monetary Authority of Singapore published back in October.
Blockchain.com gets regulatory nod from Singapore’s central bank
Blockchain.com becomes the second crypto exchange in two days to receive preliminary approval to provide crypto services within the growing crypto hub.
Coinbase gains in-principle approval for Singapore crypto license
The country is a key institutional market for the exchange according to the CEO of Coinbase Singapore, who explained it’s also working with local industry groups to improve regulations.
‘Brutal and unrelentingly hard’: Singapore regulator’s clampdown on crypto
The remarks from the regulator’s chief fintech officer could see the city-state lose its perception as one of the most crypto-friendly countries in the world.
DBS Bank CEO: We Have Twice as Many Engineers as Bankers
Banks and financial regulators should facilitate the tokenization of the financial system, DBS CEO Piyush Gupta said during Consensus 2021.
Singapore’s SDAX Gets In-Principle Approval to Launch Digital Asset Exchange
SDAX now has in-principle approval from Singapore’s central bank for its Recognized Market Operator license.
China, Singapore Look Ahead to CBDC Future at World Economic Forum
A former deputy governor of the People’s Bank of China compared notes with the chairman of the Monetary Authority of Singapore.
Crypto Custody Firm Leaves Singapore’s Regulatory Sandbox With License, ISO Rating
The firm exits the sandbox with what it claims is the first ISO 27001 certification for a crypto custody provider.
Singapore’s Central Bank Eyes Commercial Role for Its Blockchain Payments Tech
Project Ubin has completed its last development phase and is now being considered as the basis for commercial digital currency ventures.
Singapore Temporarily Exempts Crypto Firms, Including Coinbase, From New Licensing Regime
Cryptocurrency firms can continue operating but must apply for a license by summer under new rules
Singapore Clears Securities Token Platform iSTOX for Full Trading
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has greenlit a blockchain-based platform iSTOX to trade tokenized capital market securities such as equity and bonds.
Singapore Proposes Allowing Bitcoin, Ether Derivatives Trading on Approved Exchanges
The Monetary Authority of Singapore (MAS), the city-state’s de facto central bank, may soon allow cryptocurrency-based derivatives to be traded on regulated platforms.
MAS, JPMorgan Build Payments System With Inter-Blockchain Connectivity
Working with JPMorgan and Temasek, Singapore’s central bank has developed a prototype blockchain-based cross border payments system.
Singapore’s Central Bank Wants More Information on Facebook’s Libra Crypto
The Monetary Authority of Singapore reportedly has concerns over Facebook’s recently unveiled cryptocurrency project, Libra.
Singapore’s Central Bank, SGX Develop Blockchain Settlement System
The Monetary Authority of Singapore and the nation’s stock exchange have developed a blockchain-based settlement system for tokenized assets.
Startup Bringing Blockchain Privacy to Central Banks Wins $15 Million Funding
Blockchain startup Adhara, which aims to bring zero knowledge proofs to central bank systems, has secured $15 million in new funding from Consensys.